Price for Molybdenum; Waste and Scrap in the UK - 2023
Contents:
- Price for Molybdenum; Waste and Scrap in the UK (CIF) - 2022
- Price for Molybdenum; Waste and Scrap in the UK (FOB) - 2022
- Imports of Molybdenum; Waste and Scrap in the UK
- Exports of Molybdenum; Waste and Scrap in the UK
Price for Molybdenum; Waste and Scrap in the UK (CIF) - 2022
The average molybdenum; waste and scrap import price stood at $41,064 per ton in 2022, surging by 23% against the previous year. In general, the import price recorded temperate growth. The growth pace was the most rapid in 2021 when the average import price increased by 37%. The import price peaked in 2022 and is expected to retain growth in the near future.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Japan ($46,293 per ton) and Taiwan (Chinese) ($44,957 per ton), while the price for the United States ($33,987 per ton) and South Korea ($35,582 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+10.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Molybdenum; Waste and Scrap in the UK (FOB) - 2022
In 2022, the average molybdenum; waste and scrap export price amounted to $45,169 per ton, jumping by 22% against the previous year. In general, the export price continues to indicate buoyant growth. The most prominent rate of growth was recorded in 2019 when the average export price increased by 63%. Over the period under review, the average export prices hit record highs in 2022 and is likely to see steady growth in the immediate term.
Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to France ($52,848 per ton) and Austria ($51,664 per ton), while the average price for exports to the Netherlands ($40,569 per ton) and Sweden ($41,857 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (+9.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Molybdenum; Waste and Scrap in the UK
In 2022, approx. 2K tons of molybdenum; waste and scraps were imported into the UK; jumping by 20% on the year before. In general, imports, however, continue to indicate a relatively flat trend pattern.
In value terms, molybdenum; waste and scrap imports surged to $83M in 2022. Over the period under review, imports saw resilient growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Molybdenum; Waste and Scrap in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Austria | 18.8 | 16.4 | 25.2 | 35.2 | 23.3% |
| China | 17.5 | 8.8 | 17.7 | 27.9 | 16.8% |
| Germany | 10.7 | 9.0 | 5.4 | 6.6 | -14.9% |
| Taiwan (Chinese) | 0.2 | 0.2 | 1.5 | 2.8 | 141.0% |
| United States | 2.8 | 2.2 | 1.2 | 2.8 | 0.0% |
| South Korea | 0.5 | 0.3 | 0.8 | 1.8 | 53.3% |
| Japan | 0.2 | 0.8 | 0.7 | 1.7 | 104.1% |
| Luxembourg | 1.1 | 1.2 | 1.7 | N/A | 24.3% |
| Others | 4.0 | 1.4 | 2.2 | 4.6 | 4.8% |
| Total | 55.9 | 40.2 | 56.5 | 83.4 | 14.3% |
Top Suppliers of Molybdenum; Waste and Scrap to the UK in 2022:
- Austria (831.2 tons)
- China (677.9 tons)
- Germany (170.3 tons)
- United States (83.2 tons)
- Taiwan (Chinese) (61.5 tons)
- South Korea (51.8 tons)
- Japan (35.8 tons)
Exports of Molybdenum; Waste and Scrap in the UK
In 2022, exports of molybdenum; waste and scraps from the UK surged to 1.7K tons, picking up by 28% against the previous year's figure. Overall, total exports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +6.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +86.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 46% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, molybdenum; waste and scrap exports surged to $75M in 2022. In general, exports saw strong growth. The most prominent rate of growth was recorded in 2021 with an increase of 97%. Over the period under review, the exports attained the peak figure in 2022 and are likely to see steady growth in the near future.
| Export of Molybdenum; Waste and Scrap in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 15.7 | 6.3 | 10.9 | 16.8 | 2.3% |
| United States | 13.3 | 6.0 | 11.6 | 15.6 | 5.5% |
| Netherlands | N/A | N/A | 9.7 | 15.1 | 55.7% |
| France | 7.1 | 5.1 | 2.6 | 12.1 | 19.4% |
| Austria | 1.8 | 3.4 | 8.9 | 8.8 | 69.7% |
| Sweden | 1.9 | 1.7 | 0.9 | 2.2 | 5.0% |
| Belgium | 3.5 | 1.7 | 2.0 | 2.2 | -14.3% |
| Others | 2.2 | 0.3 | 1.7 | 2.8 | 8.4% |
| Total | 45.5 | 24.5 | 48.3 | 75.5 | 18.4% |
Top Export Markets for Molybdenum; Waste and Scrap from the UK in 2022:
- Germany (382.0 tons)
- Netherlands (371.6 tons)
- United States (357.9 tons)
- France (229.7 tons)
- Austria (169.5 tons)
- Sweden (51.5 tons)
- Belgium (45.7 tons)
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